Brown to Discuss Food Bank Tax Credit at Second Harvest
YOUNGSTOWN, Ohio – U.S. Sen. Sherrod Brown will visit Second Harvest Good Bank of the Mahoning Valley this morning to highlight the need for food donations and to discuss a tax break that encourages them.
Brown, D-Ohio, will join Mike Iberis, executive director at Second Harvest, to highlight the need and urge Ohioans to donate to local food banks during the holiday season. In the Mahoning Valley, one in six individuals lack reliable access to food, according to officials.
The spending bill approved by Congress and signed into law by President Obama last week includes a provision to reinstate and permanently extend the food donation tax deduction. The provision increases the deduction to 15% of an individual’s taxable income for food donations.
Brown, D-Ohio, a member of the Senate Finance Committee, supported the extension of the tax credit.
Brown’s proposals to permanently expand the Earned Income Tax Credit and the Child Tax Credit also were included in the legislation.
Copyright 2022 The Business Journal, Youngstown, Ohio.